Equipment Holding unit wins KWD 8.31m tender

Kuwait – Mubasher: The Kuwaiti Central Tenders Committee announced that Equipment Holding’s 99%-owned subsidiary, Equipment Co WLL, was awarded a tender to supply equipment to Kuwait Oil Company (KOC).

The tender contract is worth KWD 8.31 million ($27.1 million), according to a bourse statement issued on Sunday.

On the stock level, Equipment ended Sunday’s trading session higher with 9.1% to close at 54 fils, after 5.7 million shares were traded at a value of nearly KWD 302,400.

 

Mubasher Contribution Time: 25-Dec-2016 10:44 (GMT)
Mubasher Last Update Time: 25-Dec-2016 10:44 (GMT)